The latest National Association of Realtors (NAR) “Market Insights” report comes with more good news for a retail sector that’s showed remarkable resilience in recent years. NAR’s August figures show that the retail sector continues to maintain a record low vacancy rate, with just 4.7% of retail space available for lease. 

For over a decade sovereign wealth funds (SWFs), like Norway’s Government Pension Fund Global (GPFG) and the Abu Dhabi Investment Authority (ADIA), have been among the biggest investors in the commercial real estate (CRE) market — striking deals that have shaped sectors from office and retail to hospitality and industrial.

Chad Wamack, a commercial real estate broker with NAI Charter, got the chance of a lifetime to run the Hardrock Endurance race through the rugged terrain of the Colorado Mountains. 

J. Bryan Rudisill, SIOR, Vice President has successfully represented the owner, Carustar Recovered Fiber (Grief), in the sale of their facility located at 1721 Central Avenue Chattanooga, TN.

Chattanooga has earned a $500,000 federal grant to study the potential of a passenger train between Nashville, Chattanooga and Atlanta

All You Need To Know About Broker Opinions Of Value (BOV)

NAI Charter Real Estate Corporation announces the completion of the sale of historic McDonald Farm to Hamilton County. Bryan Rudisill, SIOR, vice-president of NAI Charter represented the McDonald family. The farm had been in the same family for 8 generations.

Chattanooga’s leading Commercial Real Estate firm NAI Charter recently completed a long-term lease agreement for 42,000 square feet of industrial space, located at 3603 Elwood Lane, which is near the Bonny Oaks Industrial Park in Chattanooga.

Pandora’s European Motorsports is planning to relocate its motorcycle dealership from 4301 Highway 58 in Chattanooga to East Ridge with the help of the Border Region Retail Development District, a state sales tax incentive.

NAI Charter is pleased to announce completed commercial real estate transactions for the first quarter in excess of $24 million. David F. DeVaney, SIOR, CCIM and President, stated that NAI Charter closed 23 commercial transactions involving 556,383 SF of space and 16.96 acres of land.